BlackRock Science and Technology Term Trust
BSTZ
95 hedge funds and large institutions have $620M invested in BlackRock Science and Technology Term Trust in 2021 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 40 increasing their positions, 21 reducing their positions, and 10 closing their positions.
90% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 21
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
16% more capital invested
Capital invested by funds: $535M → $620M (+$85.3M)
6% more funds holding
Funds holding: 90 → 95 (+5)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.15% less ownership
Funds ownership: 19.21% → 19.06% (-0.15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$6.31M |
| 2 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$5.72M |
| 3 |
TCA
Transcend Capital Advisors
Madison,
New Jersey
|
+$2.19M |
| 4 |
Morgan Stanley
New York
|
+$1.97M |
| 5 |
Rockefeller Capital Management
New York
|
+$1.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.61M |
| 2 |
Cohen & Steers
New York
|
-$5.07M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$4.18M |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$3.5M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.94M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
101
Wolverine Asset Management
Chicago,
Illinois
| – | -$156K | -4,381 | Closed |
|
|
AIC
102
Archer Investment Corporation
Carmel,
Indiana
| – | -$10.3K | -290 | Closed |
|
|
WAP
103
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$4K | -101 | Closed |
|
104
Fidelity Investments
Boston,
Massachusetts
| – | +$38 | +1 | +100% |
|
BSTZ Hedge Fund Activity: Q2 2021 in Review
95 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in BlackRock Science and Technology Term Trust (BSTZ) for Q2 2021, worth a combined $620M — up 16% from $535M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BSTZ positions and 10 closed out — a net gain of 5 holders — while 40 added to existing stakes and 21 trimmed.
The largest buyer was UBS Group, adding an estimated $6.31M. The largest seller was Karpus Investment Management, cutting an estimated $6.61M.
- 95 institutional investors held BlackRock Science and Technology Term Trust (BSTZ) as of Q2 2021, up from 90 in Q1 2021.
- Funds reported $620M of BlackRock Science and Technology Term Trust stock for Q2 2021, up 16% quarter-over-quarter.
- 15 funds opened new BlackRock Science and Technology Term Trust positions in Q2 2021 and 10 closed out, a net change of +5 holders.
- The largest BlackRock Science and Technology Term Trust buyer in Q2 2021 was UBS Group, an estimated $6.31M added.
- The largest BlackRock Science and Technology Term Trust seller in Q2 2021 was Karpus Investment Management, an estimated $6.61M sold.
Based on aggregated 13F filings for Q2 2021.